4.5 C
Belgrade
Supported byspot_img
spot_img

Japanese JICA-Akita University & Mindek seek Serbia copper, iron reserves

Member of Europium Groupspot_img
Supported byspot_img

Two satellites of the Japanese Space Agency will detail “record” about 7,000 square kilometers between Bor and Majdanpek over the next five years, in order that, after expiry of that period, precisely determine the amount of waste generated during the 110 years of mining in the region. On the completion of research, the objective is selection of the best technology for” excavation” of copper, iron and material for cement production.

The contract, implemented through the Japan International Cooperation Agency, will realize from their side the Akita University, Japan’s space agency and the company “Mindek”, one of the largest mining corporations in the world. According to earlier estimates, the area between Bor and Majdanpek accumulated more than a billion tons of mining waste.

Preliminary data show that from these raw materials, by the latest technologies, could be got, at prices several times lower than those for standard procedures for obtaining the red metal, around – 100,000 tons of copper, whose gross value at current prices on stock exchanges is around – 700 million dollars.

Supported byElevatePR Digital

Related News

Phoenix Tailings pioneers eco-friendly process to recover rare earth metals from mining waste

As the world moves towards cleaner energy solutions, there is an increasing demand for critical metals, particularly rare earth elements, which are essential for...

Guyana’s $1.5 billion Oko West gold project to strengthen mining sector by 2027

The US$1.5 billion Oko West gold project in Guyana’s Region Seven is expected to significantly enhance the country's mining industry when operations commence in...

Huayou Cobalt seeks $2.7 billion in financing for Indonesia battery-nickel project backed by Ford

Zhejiang Huayou Cobalt Co., one of the world’s largest producers of nickel, is in talks with banks to raise approximately $2.7 billion for its...

U.S. Judge dismisses some claims in lawsuit against Rio Tinto and former CEO over Mongolian Oyu Tolgoi copper and gold mine delays

A U.S. District Judge dismissed several claims in a lawsuit alleging that Rio Tinto and its former CEO Jean-Sebastien Jacques defrauded investors by concealing...
Supported by
Supported by
Supported by
error: Content is protected !!